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UBER Stock Slides After Earnings: EPS Miss Overshadows Strong Revenue Growth
(MENAFN- AsiaNet News)
Uber Technologies, Inc. (UBER) posted strong financial results for the fourth quarter (Q4), reporting strong demand across its ride‐hailing and delivery platforms.
Revenue reached $14.4 billion, up 20% year-on-year (YoY) and adjusted earnings per share (EPS) was $0.71. While revenue exceeded the analysts consensus estimate of $14.3 billion, EPS came in below the estimate of $0.78, according to Fiscal AI data.
Outlook For Q1 2026
Looking ahead, Uber projected that first‐quarter (Q1) 2026 gross bookings would fall between $52 billion and $53.5 billion. The company also forecast adjusted EPS in the range of $0.65 to $0.72.
Following the earnings release, Uber stock traded over 8% lower in Wednesday's premarket.
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